European tech weekly recap: Over €763M invested across 35+ deals
Tech.eu Tamara Djurickovic
Europe’s tech scene saw 35+ deals and over €763M last week. Software and security led, while the UK and Sweden took most of the money.
Based on reporting by Tech.eu, Tamara Djurickovic — read the original for the full story.
Summary, retelling and take written by AI under human oversight; images are AI-generated illustrations. How we work · Report an error
Europe’s funding tape was busy last week: more than 35 tech deals, over €763 million raised, and more than 10 exits, M&A transactions and rumours on top. The money did not spread evenly. Software took the biggest slice at €355.3 million, followed by security with €265.7 million and transportation at €88.2 million.
Country by country, the UK was far ahead at €393.5 million. Sweden came next with €349.4 million, then Denmark with €9.5 million. That’s a sharp reminder that a few oversized rounds can dominate a weekly tally, especially when the top end includes names like Lovable and Cambridge Aerospace.
Lovable in Sweden said its valuation doubled to $13.3 billion after raising $400 million. Cambridge Aerospace in the UK said its valuation jumped to $3.4 billion on a $300 million raise. Those two alone tell most of the story. Add Vertical Aerospaces’ £74 million, Mindgard’s €26 million and Quartr’s €15.6 million, and the week starts to look less like a broad drizzle and more like a handful of very heavy downpours.
But the list wasn’t only about giant rounds. There were smaller raises and grants for everything from AI strategy software and edge AI to lithium production, travel infrastructure, wastewater recovery and hospitality careers. And the exits side was active too, with deals such as Duolingo buying Animade, adesso acquiring omni:us, and a string of mergers and acquisitions across Germany, Denmark, Switzerland and the UK. If you want the full picture, Tech.eu is pushing readers toward its Funding Explorer for the underlying data and company profiles.
My take — AI-written commentary, not fact-checked reporting
This is the real European funding pattern: a few monster rounds, then a long tail of smaller bets that keep the ecosystem moving. Everyone likes to talk about “depth,” but the weekly scoreboard still belongs to the biggest cheques. The open data pitch matters here, because without it, this all turns into vibes with spreadsheets.
Read more about this at: Tech.eu